02:04 PM EST, 12/12/2024 (MT Newswires) -- In its preview of Cogeco Communication's first-quarter, National Bank forecasts revenue of $744 million (CE $743M), and EPS $2.02 (CE $1.99).

"We see the company's new CEO (since March) looking to continue to under-promise and over-deliver," notes analyst Adam Shine. On May 29, CCA outlined its new organizational structure with an effort to drive rev/cost initiatives. Shine expects some savings in f2025 with more to come in Years 2 & 3 given reinvestment in digitization/analytics.

Target raised $1, to $85. Maintain Outperform.

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